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IQVIA IQV Trade accounts receivable and unbilled services, net

Trade accounts receivable and unbilled services, net at other companies

Fortrea Holdings Inc. logo
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$619.6M-15.0%
Orion Group Holdings logo
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$140.13M-1.5%
Hackett Group logo
Hackett GroupHCKT
$70.28M+12.4%
Otis Worldwide logo
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$3.7B+8.8%
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$98.2M+937%
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
$843M-22.1%

Other financials

Income statement

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Revenue$4.2B+8.4%
Gross profit$1.4B+4.4%
Operating income$514.0M+3.6%
Net income$274.0M+10.0%
EPS (diluted)$1.61+15.0%

Balance sheet

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Cash & equivalents$1.9B+11.9%
Total debt$16.1B+10.7%
Total equity$6.2B+4.1%
Total assets$29.7B+8.6%

Cash flow

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Operating cash flow$618.0M+8.8%
CapEx$127.0M-10.6%
Free cash flow$491.0M+15.3%

Valuation

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Market cap$32.25B+26.3%
Enterprise value$46.37B+18.6%
P/E23.3×+2.6×
P/S1.9×+0.3×

Profitability

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Gross margin33%-1.7pp
Operating margin13.2%-0.9pp
Net margin8.3%-0.3pp
FCF margin12.7%-1.2pp

Returns & leverage

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Return on equity22.7%+1.1pp
Debt / equity2.6×+0.2×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by IQVIA in its filing.

Tagged under the XBRL concept iqv:TradeAccountsReceivableAndUnbilledServicesNet.

The official record: IQVIA’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is IQVIA's trade accounts receivable and unbilled services, net?
IQVIA (IQV) reported trade accounts receivable and unbilled services, net of $3.35B in Q1 2026.
How has IQVIA's trade accounts receivable and unbilled services, net changed year-over-year?
IQVIA's trade accounts receivable and unbilled services, net increased by 2.4% year-over-year, from $3.27B to $3.35B.
What is the long-term trend for IQVIA's trade accounts receivable and unbilled services, net?
Over 5 years (2020 to 2025), IQVIA's trade accounts receivable and unbilled services, net has grown at a 7.1% compound annual growth rate (CAGR), from $2.41B to $3.4B.
What does trade accounts receivable and unbilled services, net mean?
This metric captures the total amount owed to the company by clients for services rendered, including both invoiced trade receivables and accrued revenue for work performed but not yet billed. It reflects the company's ability to convert contract research and data services into cash. High levels relative to revenue may indicate potential collection delays or aggressive revenue recognition.